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Litecoin

LTC

Litecoin

LTC

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₹0

LIVE

24H Low ₹6,976.56

24H High ₹7,228.83

Price of LTC today

The current live price of LTC today is ₹0, with a 24-hour trading volume of ₹36,33,78,57,217.32. Our LTC to INR price is updated in real-time. LTC has seen a increment of 2.16% in the last 24 hours. With a live market cap of ₹5,38,55,93,84,055.95 , the circulating supply is at 74,633,725 LTC coins, with a maximum supply of 84,000,000LTC coins.

Litecoin Price History

Date ComparisonAmount Change% Change
Today₹144.41

2.05%

7 Days-₹553.88

7.15%

30 Days-₹179.14

2.43%

1 Year₹503.61

7.53%

Litecoin Price Information

Price Change (1hr)

2.33%

Price Change (24hr)

2.05%

Price Change (7d)

7.15%

Litecoin Market Stats

Market Cap

₹5,38,55,93,84,055.95

Fully Diluted Market Cap

₹6,06,14,67,29,874.51

24hr Volume

₹36,33,78,57,217.32

23.73%

Circulating Supply

74633724.86 LTC

Total Supply

84000000 LTC

Things to know about Litecoin

  • Litecoin is a decentralised, peer-to-peer cryptocurrency.

  • Open-source software project, MIT/X11 licence.

  • Inspired by Bitcoin, it is nearly identical technically.

  • Differences: block generation time, hashing algorithm, max coins.

  • Aims for faster block processing (2.5 minutes vs. Bitcoin's 10 minutes).

Tokenomics

  • Total supply limit: 84 million coins.

  • Proof-of-work consensus, Scrypt algorithm.

  • Miners awarded 12.5 LTC/block, halving every 840,000 blocks.

  • Next, halving to reduce the reward to 6.25 LTC/block.

Market Data

As of today 12 June 2024, the price of Litecoin is ₹0 INR or #{coinPriceUsd} USD, with a 24-hour trading volume of 397569553.8 USD. The market capitalization for Litecoin is 5892334617.68USD. The circulating supply is 74633724.86 Litecoin, with the total supply also being 84000000 Litecoin

Pros and Cons

Pros:

  • It has faster transaction confirmation time compared to Bitcoin.

  • With lower transaction fees, it is made suitable for micro-transactions and point-of-sale payments.

  • Known for its high liquidity, it is widely available on most major cryptocurrency exchanges.

  • Litecoin has a strong community and substantial industry support.

Cons:

  • It faces stiff competition from newer cryptocurrencies which are equipped with more advanced features.

  • It has limited adoption as a payment method compared to Bitcoin.

  • The mining process is energy-intensive, which is similar to Bitcoin.

Why Should You Invest in the Coin?

  • Established market position and stable price history.

  • Faster transaction times and lower fees.

  • Potential for growth as digital currencies gain acceptance.

USP of the Coin

  • Faster transaction speeds and lower processing fees than Bitcoin.

  • Efficient for everyday transactions and micro-transactions.

The Problem Coin is Solving

  • Aims for scalability and cost-effectiveness.

  • Overcomes Bitcoin's slower transactions and higher fees.

Founder and Team Background

  • Charlie Lee, the former Google engineer, is the founder of Litecoin (LTC).

  • Lee manages the Litecoin Foundation, promoting Litecoin adoption.

  • Team with diverse backgrounds in technology and finance.

ICO Price

  • No Initial Coin Offering (ICO); mined from the start like Bitcoin.

Risks Associated in Investing in the Coin

  • Market volatility, regulatory changes, competition, security vulnerabilities.

  • Advised thorough research and consideration of risk tolerance.

Whitepaper Insights

The Litecoin whitepaper outlines the creation of a peer-to-peer cryptocurrency that aims to improve Bitcoin's limitations. It introduces Litecoin as a lighter version of Bitcoin, with faster block generation times of 2.5 minutes and using the Scrypt hashing algorithm to ensure fairer mining opportunities.

The whitepaper discusses the technical specifications of Litecoin, including its maximum supply of 84 million coins, block rewards, and halving schedule. It emphasises Litecoin's goal to provide fast, secure, and low-cost payments globally, making it an effective medium of commerce complementary to Bitcoin.

The document also covers the importance of community involvement, open-source development, and the continuous effort to innovate and improve the Litecoin network's efficiency and accessibility. Overall, the whitepaper presents Litecoin as a practical solution for everyday transactions and a significant contributor to the evolution of digital currencies.

This summary provides an overview of Litecoin's foundational principles and objectives as detailed in its whitepaper and other official sources.

Returns Calculator

One Time
Recurring

Investment Amount

Investment Period

Returns

9140

0%

LTC to Converter

Quantity

LTC

LTC

Price

fiat

Price as per 03:57 PM • 12 Jun 2024

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Have a question not answered?

You can contact us at help@mudrex.com

What is the price of Litecoin (LTC)?

The current price of Litecoin (LTC) in INR is ₹0 INR.

What is the current LTC market cap?

The current market capitalization of Litecoin (LTC) is ₹5,38,55,93,84,055.95 INR. This value represents the total market value of all coins in circulation, calculated by multiplying the current price of LTC by the number of coins in circulation.

What is the current supply of Litecoin (LTC)?

The current supply of Litecoin (LTC) is 74633724.86 LTC. This figure represents the total number of coins that have been mined and are currently in circulation.

What is the 24 trading volume of Litecoin (LTC)?

The 24-hour trading volume of Litecoin (LTC) in INR is ₹36,33,78,57,217.32. This figure represents the total value of all LTC transactions across various exchanges within the last 24 hours.

How to Buy Litecoin (LTC) in India?

To buy Litecoin (LTC) via Mudrex, simply sign up and create an account on their platform. Proceed by completing the KYC process to verify your identity. Once verified, deposit funds into your account using the available methods. With your account funded, you're all set to start investing in LTC.

Can I buy Litecoin (LTC) with UPI?

Yes, you can buy Litecoin (LTC) with UPI on Mudrex, which accepts payments through popular UPI apps like Paytm, PhonePe, and Google Pay, offering a convenient and quick way to invest.

How to Convert Litecoin (LTC) to Indian Rupee (INR)?

To convert Litecoin (LTC) to Indian Rupee (INR), you can use our LTC/INR conversion tool.

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